Photo: Jason F. Voll · CC BY-SA 3.0Fairfield lives in apartments: 45% of its homes, beside 13% for Ontario’s towns
By the 2021 census, half of owned homes were worth more than $600,000; the average was $611,017. No open sale prices are published in Ontario, so for Fairfield the census value is the measure. The 2024 property assessment puts the median residential property at $309,000. Ontario’s assessments are still on MPAC’s values of 1 January 2016, far below today’s prices, so they compare only with other Ontario towns. Behind assessed values, values by property type and building permits sits data gathered across the city of Kitchener, with Fairfield one part of it.
What Fairfield’s homes are worth, two ways
Every figure here is compared within the province, against Ontario’s towns, since each province assesses on its own terms. The values date from May 2021 and are what owners thought their homes were worth, not sale prices.
median, owners’ estimate
- Average
- $611K
- Owners
- 895
- Ontario’s towns
- $695K
- The typical Canadian town
- $406K
all residential, MPAC 2016 base
- Ontario’s towns
- $232K
Census 2021 (Statistics Canada); Canadian Housing Statistics Program, tables 46-10-0099 and 46-10-0093; Québec rôle d’évaluation foncière 2026 (MAMH).
Houses in Kitchener carry assessments 37% over the middle of Ontario’s towns
Assessors listed 81,065 residential properties in Kitchener for 2024, 60% of them detached houses and 13% condos.
Median assessment by type, 2024 the tick is the median of Ontario’s towns
Canadian Housing Statistics Program, table 46-10-0093 (2024): residential properties on the assessment roll, vacant land left out. The ticks are the median of Ontario’s towns with their own figure; assessments compare within a province only.
An older stock than most: 52% of Fairfield’s homes go back before 1961 (Ontario’s towns: 22%)
Fairfield had 1,785 occupied homes at the 2021 census. Neighbourhood figures add up small census areas, and rounding can leave the parts a little under the total.
Homes by period of construction the tick is the median of Ontario’s towns
Homes by kind
| Fairfield | Ontario | Canada | |
|---|---|---|---|
| Condominiums | 2% | 7% | 8% |
| Needing major repairs | 5% | 6% | 6% |
| Too small for the household | 3% | 5% | 3% |
| Households in core housing need | 12% | 9% | 7% |
Census 2021 (Statistics Canada): occupied private dwellings; core housing need as Statistics Canada defines it. Ticks and columns are medians of the towns and neighbourhoods of 2,500 or more.
Permits in Kitchener ran at 32.5 homes a year per 1,000, where Ontario’s towns ran at 15
Kitchener issued permits for 17,524 new homes from 2018 to 2023, or about 2,921 a year. Very few were houses: 13% in single-unit buildings (Ontario’s towns: 66%).
Most in 2023: 4,095 new homes
New homes a year per 1,000 homes
Down 10%: 4,795 new homes in the year to August 2026
Area-wide: monthly permits, counted over the Kitchener-Cambridge-Waterloo metro area
Statistics Canada, tables 46-10-0087 (building permits by census subdivision, 2018–2023: dwelling units created, new construction and conversions) and 34-10-0292 (monthly, metro areas). Per 1,000: units a year over 2019–2023 against occupied homes in 2021.
Fairfield is 14% below the $695,000 median of Ontario’s towns
871 of Ontario’s towns (2,500 people or more), by median value at the 2021 census, dearest first.
Census 2021, owners’ estimates; towns and neighbourhoods of 2,500 or more, no city as a whole, no reserve.
Lower values near Fairfield: City Commercial Core and Cherry Hill
The places around Fairfield at the 2021 census: median and average value, and how many own.
| Town | Median home value | Average | Owners | km |
|---|---|---|---|---|
| Fairfield | $600K | $611K | 50% | |
| Mt. Hope Huron Park | $600K | $601K | 47% | 0.4 |
| Central Frederick | $695K | $649K | 45% | 1.3 |
| Bridgeport East | $700K | $672K | 67% | 1.3 |
| City Commercial Core | $420K | $440K | 24% | 1.6 |
| Cherry Hill | $500K | $573K | 27% | 2 |
| Auditorium | $650K | $693K | 60% | 2.1 |
Census 2021 values; km.
Questions about property prices in Fairfield
How many households in Fairfield are in core housing need?
Statistics Canada puts 12% of Fairfield’s households in core housing need, a higher share than the 9% of Ontario’s towns.
Is Fairfield expensive for Ontario?
No: Fairfield’s census median is below the $695,000 of Ontario’s towns.
Sources: Statistics Canada, Census of Population 2021 · Statistics Canada, Canadian Housing Statistics Program · Statistics Canada, building permits (tables 46-10-0087 and 34-10-0292). Under the Statistics Canada Open Licence.
Adapted from Statistics Canada (Census of Population 2021, population estimates 2025, 2021 census boundaries) under the Statistics Canada Open Licence; this does not constitute an endorsement by Statistics Canada. Neighbourhood names in some cities © OpenStreetMap contributors (ODbL).